716, Parkviews Rawda Apartments
Sold prices and rental history: sold once, by the developer in December 2020, and rented once, from March 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 716, Parkviews Rawda Apartments
What is 716 worth today?
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Source: Dubai Land Department. Updated 1 March 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 992 sqft
- Floor
- 7th of 12
- Parking
- P-172
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 16,100 /yr
- Last sold
- AED 949K · December 2020
- Building
- Parkviews Rawda Apartments
About 716, Parkviews Rawda Apartments
716 is a two-bedroom apartment of 992 sqft on the 7th floor of Parkviews Rawda Apartments, a 12-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 27 December 2020 for AED 948,888, or AED 956 per sqft, 4% below the AED 995 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 March 2021. The current contract, signed on 1 March 2021, is AED 47,000 a year: a gross yield of 5.0% on the 2020 price, before the service charge of about AED 16,100 a year.
Sales and rents for 716 over time
716 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Parkviews Rawda Apartments, and where 716 sits
All 120 2-beds →716 last sold in December 2020 at AED 956 per sqft, 4% below what two-beds in Parkviews Rawda Apartments were fetching at the time (AED 995). Over the last 12 months two-beds sold for AED 1,030,000 to 1,560,888, around AED 1,280 per sqft, and rent for AED 36,000 to 150,000 a year. 716's AED 47,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Sep 20268 September 2026 | 992 sqft | 1,560,888 | 1,573 | ||
| 16 Jun 202616 June 2026 | 933 sqft | 1,030,000 | 1,104 | ||
| 4 Jun 20264 June 2026 | 1,027 sqft | 1,200,000 | 1,168 | ||
| 13 Feb 202613 February 2026 | 928 sqft | 1,400,000 | 1,508 |
Parkviews Rawda Apartments
Building204 apartments, 1-bed to 3-bed over 12 floors in Town Square, completed in 2020 by Nshama Properties. 18 sold in the last 12 months.
- Typical price per sqft
- AED 1,229 Up 0.7%
- Typical sale
- AED 1.21M
- Typical rent
- AED 85K /yr
- Typical yield
- 7.0%
Other units on the 7th floor
All 204 units in Parkviews Rawda Apartments| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 804 sqft | AED 670KAED 670,000 · Nov 2022November 2022 | 60,167 /yr | |
| 702 | 1-bed | 710 sqft | AED 910KAED 910,000 · Dec 2025December 2025 | 62,000 /yr | |
| 703 | 3-bed | 1,497 sqft | AED 1.63MAED 1,631,888 · Jul 2021July 2021 | 130,000 /yr | |
| 704 | 3-bed | 1,520 sqft | AED 1.54MAED 1,537,888 · Nov 2021November 2021 | ||
| 705 | 3-bed | 1,581 sqft | AED 1.72MAED 1,720,888 · May 2021May 2021 | 120,000 /yr | |
| 706 | 2-bed | 932 sqft | AED 955KAED 955,000 · May 2024May 2024 | ||
| 707 | 2-bed | 954 sqft | AED 1MAED 1,000,888 · Aug 2020August 2020 | 60,000 /yr | |
| 708 | 1-bed | 688 sqft | AED 790KAED 790,000 · May 2025May 2025 | 70,000 /yr | |
| 709 | 1-bed | 808 sqft | AED 776KAED 775,888 · Aug 2020August 2020 | 69,000 /yr | |
| 710 | 2-bed | 953 sqft | AED 941KAED 940,888 · Aug 2020August 2020 | 87,000 /yr | |
| 711 | 2-bed | 1,048 sqft | AED 955KAED 954,888 · Jul 2020July 2020 | 61,583 /yr | |
| 712 | 2-bed | 1,029 sqft | AED 850KAED 850,000 · Apr 2022April 2022 | ||
| 713 | 2-bed | 935 sqft | AED 1.09MAED 1,093,888 · Sep 2024September 2024 | 90,000 /yr | |
| 714 | 2-bed | 933 sqft | AED 936KAED 935,888 · Dec 2020December 2020 | 72,000 /yr | |
| 715 | 2-bed | 946 sqft | AED 946KAED 945,888 · Jul 2020July 2020 | 60,000 /yr | |
| 717 | 2-bed | 1,144 sqft | AED 1.1MAED 1,100,000 · Dec 2023December 2023 | 108,000 /yr |
716, Parkviews Rawda Apartments in numbers
- Sold once: by Nshama Properties on 27 December 2020 for AED 948,888, or AED 956 per sqft.
- Rented since March 2021 on one Ejari contract, at AED 47,000 a year.
- At AED 47,000 a year the gross yield on the 2020 price is 5.0%, before a service charge of about AED 16,100 a year (AED 16.27 per sqft).
- Two-beds in Parkviews Rawda Apartments sold for AED 1,030,000–1,560,888 in the 12 months to November 2026; the building's median across all types is AED 1,229 per sqft.
Source: Dubai Land Department. Updated 1 March 2021.
Questions about 716, Parkviews Rawda Apartments
What did unit 716 last sell for?
AED 948,888 on 27 December 2020, sold by the developer: AED 956 per sqft for 992 sqft. It is the only registered sale of the unit.
What is the rent for unit 716?
AED 47,000 a year on the contract signed on 1 March 2021.
How big is unit 716?
992 sqft (92.2 sqm): a two-bedroom apartment on the 7th floor of a 12-storey tower completed in 2020.
What is unit 716 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Parkviews Rawda Apartments sold for AED 1,030,000 to 1,560,888 in the last 12 months, around AED 1,280 per sqft.
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Mortgage on 716, Parkviews Rawda Apartments
Starts from the last sale price (AED 949K, 27 December 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 948,888
- Deposit, UAE resident (20%)
- AED 189,778
- Deposit, non-resident (40%)
- AED 379,555
- Monthly over 25 years at 3.7%
- AED 3,882
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →